1,572 Shares in The Boeing Company (NYSE:BA) Acquired by Helium Advisors LLC

Helium Advisors LLC purchased a new position in shares of The Boeing Company (NYSE:BA - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,572 shares of the aircraft producer's stock, valued at approximately $278,000.

A number of other hedge funds have also recently added to or reduced their stakes in BA. Vanguard Group Inc. grew its stake in shares of Boeing by 24.4% in the 4th quarter. Vanguard Group Inc. now owns 64,442,717 shares of the aircraft producer's stock valued at $11,406,361,000 after purchasing an additional 12,641,715 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Boeing by 29.5% in the 4th quarter. Geode Capital Management LLC now owns 15,171,869 shares of the aircraft producer's stock valued at $2,677,170,000 after purchasing an additional 3,452,075 shares during the last quarter. Northern Trust Corp grew its stake in shares of Boeing by 33.6% in the 4th quarter. Northern Trust Corp now owns 6,504,610 shares of the aircraft producer's stock valued at $1,151,316,000 after purchasing an additional 1,634,231 shares during the last quarter. Fisher Asset Management LLC grew its stake in shares of Boeing by 3.4% in the 4th quarter. Fisher Asset Management LLC now owns 5,030,899 shares of the aircraft producer's stock valued at $890,469,000 after purchasing an additional 164,042 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Boeing by 30.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,178,444 shares of the aircraft producer's stock valued at $739,585,000 after purchasing an additional 981,796 shares during the last quarter. Hedge funds and other institutional investors own 64.82% of the company's stock.

Insider Transactions at Boeing

In other news, SVP Brendan J. Nelson sold 640 shares of the business's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $206.28, for a total value of $132,019.20. Following the completion of the transaction, the senior vice president now directly owns 13,258 shares of the company's stock, valued at $2,734,860.24. The trade was a 4.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP David Christopher Raymond sold 3,899 shares of the business's stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $187.01, for a total value of $729,151.99. Following the completion of the transaction, the executive vice president now directly owns 42,513 shares of the company's stock, valued at approximately $7,950,356.13. This trade represents a 8.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 7,744 shares of company stock valued at $1,511,370 over the last three months. 0.09% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages have weighed in on BA. Morgan Stanley reiterated an "equal weight" rating on shares of Boeing in a research note on Thursday. Wells Fargo & Company restated an "underweight" rating on shares of Boeing in a research note on Thursday. JPMorgan Chase & Co. lifted their price target on Boeing from $190.00 to $200.00 and gave the company an "overweight" rating in a research note on Wednesday, January 29th. Citigroup restated a "buy" rating on shares of Boeing in a research note on Thursday. Finally, Wall Street Zen downgraded Boeing from a "hold" rating to a "sell" rating in a research note on Saturday, May 17th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Boeing presently has a consensus rating of "Moderate Buy" and an average target price of $204.35.

Boeing Stock Performance

BA opened at $203.39 on Friday. The business's fifty day moving average is $175.36 and its two-hundred day moving average is $169.97. The company has a market cap of $153.36 billion, a price-to-earnings ratio of -11.10 and a beta of 1.41. The Boeing Company has a one year low of $128.88 and a one year high of $209.66.

Boeing (NYSE:BA - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The aircraft producer reported ($0.49) earnings per share for the quarter, topping analysts' consensus estimates of ($1.39) by $0.90. The company had revenue of $19.50 billion during the quarter, compared to analyst estimates of $19.57 billion. During the same period last year, the firm earned ($1.13) earnings per share. The business's revenue was up 17.7% compared to the same quarter last year. On average, analysts predict that The Boeing Company will post -2.58 EPS for the current fiscal year.

About Boeing

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

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